Across Protocol announced that it will gradually terminate the operation of ACX tokens and transition its operating system to focus on Across, a newly established entity. ACX will lose all governance, utility, and economic value starting from January 8, 2027. Holders must proceed with the redemption process before this deadline. Accordingly, ACX holders can choose between receiving company equity or redeeming for USDC. The exchange ratio is 1:1, and the appraised value per ACX is $0.04375. In principle, a minimum of 250,000 ACX must be held, and allocation will be on a first-come, first-served basis. KYC procedures must be completed, and U.S. applicants must also meet the qualified investor requirements.
